Bank failure · IL

The Des Plaines Bank (Des Plaines, IL) — failed March 14, 1981

The Des Plaines Bank of Des Plaines, Illinois was closed on March 14, 1981 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $46.5M in assets and $42.9M in deposits. The FDIC's estimated loss on the failure is $1.1M (2.4% of assets).